• AddRemove
  • Build a Report 
Past Event
19 May 2016

5:00 p.m. – 5:30 p.m. CEST
4:00 p.m. – 4:30 p.m. BST

United States
11:00 a.m. – 11:30 a.m. EDT
10:00 a.m. – 10:30 a.m. CDT
9:00 a.m. – 9:30 a.m. MDT
8:00 a.m. – 8:30 a.m. PDT


  • Mark Compton
    T +44 20 3130 3388

EU Benchmark Regulation: Current Status and Why It Matters Outside the EU

On May 3, 2016, the EU Council published the final text of the Benchmark Regulation as adopted by the EU Parliament on April 28, 2016, and it is expected to take affect in mid-2017. The European Commission first published its legislative proposal for a Benchmark Regulation over 2½ years ago. The intervening time has seen considerable debate on its text and, in particular, its controversial extraterritorial application. When it comes into force, this Benchmark Regulation will regulate not only the well-known benchmarks such as LIBOR (the London Interbank Offered Rate), but also bespoke indices designed for individual structured products. It will also restrict the use of non-EU benchmarks in relation to EU instruments and contracts. We have also seen the application and feedback on IOSCO’s (International Organization of Securities Commissions) Principles for Financial Benchmarks and the extension of the UK’s benchmark regulation regime.

Please join Mayer Brown partner Mark Compton as he explains the scope and implications of this new regulatory regime. Topics will include:

  • The EU Benchmark Regulation in the context of manipulation scandals, the United Kingdom’s benchmark regulation regime and IOSCO’s global principles
  • Its scope and requirements as set out in its final text
  • Its broad extraterritorial effect
  • Secondary legislation and next steps

For additional information, please contact .

Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Related Multimedia

Play Audio
19 May 2016
(Listening to this teleconference requires a brief user registration.) 
Listen to audio recording >>

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.